Mena Today

First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender by assets, on Thursday beat estimates with a 46 percent jump in third-quarter net profit, boosted by higher interest income.

Hezbollah intensified its attacks against Israel on Thursday from southern Lebanon, where it lost seven fighters, including members of its elite unit, in Israeli airstrikes. 

International Monetary Fund Managing Director Kristalina Georgieva told Reuters the Fund was "seriously considering" a possible augmentation of Egypt's $3 billion loan program.

Morocco's competition council said on Thursday it had fined the nine fuel companies operating in the country 1.84 billion dirhams ($180 million).

Tunisia can bring its growth rate to 3% by 2024, given the endeavors and reforms the government has implemented, prime minister Ahmed Hachani said.

Dr Sultan Al Jaber, the United Arab Emirates oil chief executive and leader of COP28 climate talks, has a formidable reputation for earnestly pursuing results.

Turkey's central bank delivered a larger-than-expected 500 basis point interest rate hike on Thursday.

Israel and Palestinian Islamist group Hamas will start a four-day truce on Friday morning with the first batch of Israeli hostages released later that day, mediators in Qatar said.

Oil prices dipped roughly 1% on Thursday, extending losses from the previous session, after OPEC+ postponed a meeting, triggering speculation that the group may not deepen output cuts next year due to dissenting African members.

British Foreign Secretary David Cameron , who previously served as the country's prime minister, visited Kibbutz Be'eri with his Israeli counterpart Foreign Minister Eli Cohen.

Turkey began discussing buying 40 Eurofighter Typhoon jets with European states.

Spain's Foreign Minister Jose Manuel Alvarez said that his country is in favor of recognizing a Palestinian state "in the very near term."